817-8119 Birchmount Road, Markham, ON

Unionville, Markham · MLS® N13569450

$488,000
For Sale
Listed 2 days ago
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2Bedrooms
2Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome To This Bright & Well-Designed 1+Den, 2-Bath Condo In The Heart Of Downtown Markham! Featuring A Functional Open Concept Layout With 9' Ceilings, Laminate Flooring Throughout, Built-In Appliances & Large Windows That Fill The Space With Natural Light. Spacious Den Offers Incredible Flexibility For A Home Office, Guest Room Or Additional Living Space. Enjoy The Convenience Of Underground Parking & Exceptional Building Amenities. Unbeatable Location Just Steps To Restaurants, Cafés, Grocery Stores, Shopping, Cineplex, Parks & Everyday Conveniences. Easy Access To Viva Transit, Unionville GO Station, Highways 404 & 407, And York University's Markham Campus. Perfect For First-Time Buyers, Young Professionals, Downsizers Or Investors Looking For A Move-In Ready Condo In One Of Markham's Most Vibrant & Convenient Communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13569450
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Birchmount Rd and Highway 7
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$477/mo
Exposure
West
Property tax
$2,470 / 2026
Days on market
2
Listing brokerage
CENTURY 21 ATRIA REALTY INC.

Rooms

Primary BedroomFlat3.30 × 3.10 m

laminate · 4 pc ensuite · closet

Living RoomFlat6.17 × 3.10 m

combined w/dining · laminate · w/o to balcony

Dining RoomFlat6.17 × 3.10 m

combined w/living · laminate · open concept

DenFlat2.38 × 2.56 m
KitchenFlat6.17 × 3.10 m

combined w/dining · laminate · centre island

Moe’s TakeTeam Asgarian · Broker
Below comparables
$545Kest. value

Listed at $488,000, this home is about 10% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 40 similar homes nearby, adjusted for size, beds, and baths.Median of 40 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $558K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $469K
  • Bathrooms +$15K
  • Adjusts to $484K

That comparable adjusts to $484K; the $545K estimate above is the median of all 40 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

On schools, this address is zoned for Markville SS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Birchmount Rd at Verdale Crossing is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$488KGreat deal$598KOverpriced

Total price vs nearby homes. Fair value about $545K, median of 40 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Unionville · asking prices
$519kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

121-25 Water Walk Drive$499k310-151 Upper Duke Crescent$500k602-8119 Birchmount Road$520k407-38 Simcoe Promenade$535k707-292 Verdale Crossing$539k

The 5 closest of 8 active listings nearby.

See all comparable homes
488kThis home499k500k520k535k539kThis home vs active comparables
Live market pulseActive comparables in Unionville · median list $553K
$751this home / sqft
64active listings nearby
2days on market

This home lists 11% below the area average of $846/sqft.

6 days faster than the Markham average (8 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Unionville, Markham, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

71/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Birchmount Rd at Verdale Crossing, about 16 m away

20+ transit stops2 grocery20+ dining15 parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Commerce Valley
$582K
Wismer
$563K
Royal Orchard
$1.32M
Cornell
$652K
Thornhill
$549K

Typical asking price of active listings of the same type, per area (outliers removed). Markham.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Markville SS
94%
Markville SSPublic · Secondary · 9-12 · 4.1 km awayAmong the top in the GTA · 94% meet the provincial standard
Unnamed ES (Markham Centre)EQAO results not published

Affordability & Mortgage

Affordability
$2,224/mo
$104KIncome needed
4.7×Price ÷ income
$513Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

77%mortgage
Mortgage $2,224Property tax $206Condo fee $477Total carry $2,907

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,083per month

Mortgage amount $390,400 · 4.14% over 25 years

$97,600Down payment (20.0%)
$390,400Loan before insurance
$0CMHC premium
$2,766Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,083
Property tax
$206
Condo / maintenance fees
$477
Heating
$0
Estimated monthly cost
$2,766

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$6,235
Estimated closing costs
$6,235

Plus your down payment of $97,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,530/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$234,596Total interest paid
$624,996Total of all payments
Principal $390,400 Interest $234,596
YearPrincipalInterestBalance
1$9,146$15,854$381,254
2$9,528$15,472$371,726
3$9,927$15,073$361,799
4$10,342$14,658$351,457
5$10,775$14,225$340,682
6$11,225$13,774$329,457
7$11,695$13,305$317,762
8$12,184$12,816$305,578
9$12,694$12,306$292,885
10$13,225$11,775$279,660
11$13,778$11,222$265,882
12$14,354$10,646$251,528
13$14,955$10,045$236,573
14$15,580$9,420$220,993
15$16,232$8,768$204,762
16$16,911$8,089$187,851
17$17,618$7,382$170,233
18$18,355$6,645$151,878
19$19,123$5,877$132,755
20$19,923$5,077$112,832
21$20,756$4,244$92,077
22$21,624$3,376$70,452
23$22,529$2,471$47,924
24$23,471$1,529$24,453
25$24,453$547$0

At the end of your 5-year term

Total paid over the term
$124,999
Principal paid down
$49,718
Interest paid
$75,282
Balance remaining
$340,682

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.0%
Gross yield
− Property tax $2,470− Condo fees $5,724− Insurance $600− Vacancy & upkeep $2,706Net operating income $13,100

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 ATRIA REALTY INC.. MLS®/PropTx.

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